JP Morgan Says That The Trump Mess Is Hurting the US Economy

Dimon says ‘bad policies’ are ‘hurting the average American’

Nine years after Barack Obama began the effort to pull us out of the Bush era’s Great Recession, the US is in the ninth year of expansion.  That should be great news but J.P. Morgan Chase & Co.’s outspoken CEO Jamie Dimon says the U.S. economy is being held in check by a lack of policy momentum in Washington D.C.  “We have to focus on policy that is good for all Americans,” He said the chaos is hurting the average American,.  It isn’t a Republican issue, it is not a Democratic issue,” The  U.S. gross domestic product has been accelerating at an annual rate of about 1.5% to 2% a rate that is muted for an economy that is in the ninth year of recovering from a financial crisis.

Your Comment